Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Antinomy, a versatile metal used in fire retardant materials, microelectronics, batteries and bullets, may not be looking too glamourous these days. It has fallen from one-time peaks of around $17,000 (£10,200) a tonne to below $10,000, but Emin Eyi, managing director of AIM-quoted TriStar Resources (TSTR) insists its hour will come. Tri-Star, with antimony deposits in Turkey and Canada, similarly has few outside fans in the stock market just now, having lost £534,000 (or £1.2 million at the operating level) in the first half of the year and seen its shares plunge from 2003’s float price of 27.75p to a barely visible 0.16p.
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